Cayman National

Cayman National Announces the Retirement of its Chairman

26 March 2010

Cayman National Corporation Ltd. announces that after 36 years as the founding Chairman of the Board of Directors, Mr. Benson O. Ebanks, Jr., OBE, JP, formally resigned his position as director and as Chairman at the Company’s annual general meeting held March 25, 2010 in George Town.

The Board of Directors appointed Mr. Truman Bodden, OBE, JP, himself also a founding shareholder and director, to replace Mr. Ebanks as Chairman of the Board of Directors.

At the annual general meeting, Mr. Bodden, Mr. Stuart Dack (Cayman National CEO), and many other shareholders openly thanked Mr. Ebanks for his service and guidance to Cayman National since its founding, and wished him well in his retirement.